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PWZ ETF · Invesco California AMT-Free Municipal Bond ETF
Performance & flows
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | +0.23%  | +0.35% | +6.81%  | +7.92%  | -1.75% | +0.18% | +1.67% | +0.48% | |
| Flows |
Key fund info
Essentials
Enterprise
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Risk profile
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +0.35% | +6.81% | +7.92% | -1.75% |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
Exposure
Sustainability
ESG Consensus® by Conser
Our partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about PWZ ETF's sustainability, based on their methodology.
ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.
PWZ’s has a Final Sustainability Grade of either A+, A, or A-.
Issuer
| AuM | ||
|---|---|---|
QQQ | Invesco QQQ ETF | €412.37B |
QQQM | Invesco NASDAQ 100 ETF | €83.06B |
RSP | Invesco S&P 500® Equal Weight ETF | €79.06B |
SPXS | Invesco S&P 500 UCITS ETF | €34.22B |
SGLD | Invesco Physical Gold ETC | €22.65B |
Frequently asked questions about PWZ
What does Invesco California AMT-Free Municipal Bond ETF, PWZ, invest in?
PWZ is a Passive ETF. This ETF provides exposure to US Investment Grade Municipal Bonds.
Which benchmark or index does PWZ replicate?
PWZ tracks the ICE BofA California Long-Term Core Plus Municipal Securities Index - USD, through a optimized sampling replication method.
What is the Total Expense ratio (TER) of PWZ?
PWZ carries a total expense ratio (TER) of 0.28%, indicating the annual cost for holding the fund.
When was PWZ launched?
PWZ was introduced to the market on October 11, 2007. It trades on United States
Who is the ETF issuer of PWZ?
Invesco California AMT-Free Municipal Bond ETF, PWZ, is provided by Invesco. Learn more about Invesco here.
What is the current assets under management (AUM) of PWZ?
PWZ oversees €987M in assets as of June 11, 2026.
How has PWZ performed lately?
Based on data from June 11, 2026, PWZ returned 0.23% over the past month, 0.35% over the last three months and 0.48% year-to-date.
What are the latest inflows or outflows for PWZ?
As of June 11, 2026, PWZ recorded net flows of +€29M over the last month and +€37M year-to-date.
Does PWZ distribute dividends?
PWZ follows a distributing dividend policy, meaning it pays out income to investors. As of June 11, 2026, its 12-month trailing yield was 2.00%.
What are the main country or region exposures of PWZ?
As of April 30, 2026, PWZ has significant geographic allocations in USA.
In which sector or theme does PWZ invest in?
As of April 30, 2026, PWZ focuses largely on Municipal.
How many securities does PWZ hold and how diversified is it?
As of April 30, 2026, PWZ holds 1122 positions in its portfolio, with 8.16% of assets concentrated in its top 15 holdings.
What are the main positions in PWZ?
As of April 30, 2026, PWZ top three holdings include California Health Facilities Financing Authority, 4% 1nov2044, USD, US13062RG360 and California Health Facilities Financing Authority, 4% 15aug2048, USD (2021A).
What is the base currency of PWZ?
The base currency of PWZ is USD.
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